answer is not 5000 not 3175 not 5333 please help P incurred incorporation costs of $10,000 to
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answer is not 5000 not 3175 not 5333
please help
P incurred incorporation costs of $10,000 to incorporate a new corporation, effective January 1 of the current year, and chose December 31 as its first year end. What is the maximum amount that can be deducted in computing income for the current year?
Note:Do not place a minus sign in front of the amount.
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